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Standard Chartered manufacturers’ business forum attracts 150

  Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank Uganda has today (Feb.18) organized a Manufacturers’ Business Forum for over 150 manufacturers and various stakeholders at Hotel Mestil in Kampala. The aim was to provide a platform for market players to network, share forward-looking insights and best practices, according …

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Stanbic launches campaign targeting borrowers

Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda has launched a campaign dubbed ‘unbeatable loans’ aimed at creating awareness about the various financing solutions currently available. The campaign launched a few days ago will run until the end of May 2020, showcasing the bank’s unbeatable range of products that …

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Behind URA’s Shs700bn shortfall

Taxman to capitalize on new revenue collection initiatives to achieve better results going ahead Kampala, Uganda | JULIUS BUSINGE | Doris Akol, the Commissioner General at the Uganda Revenue Authority and her team have recently been in the news over failure to hit the revenue target. This is happening amidst …

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Japan suffers worst economic slump in five years

Tokyo, Japan | AFP | Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly typhoon taking a toll on the world’s third-largest economy. The nation’s gross domestic product in the three months to December shrank 1.6 percent from the …

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Pineapple prices fall to sh200 in Masaka, farmers stuck

Masaka, Uganda  | THE INDEPENDENT |  Pineapple farmers in Masaka district are stuck with their farm produces as their export market shrinks.  The most affected are farmers in the sub-counties of Kyannamukaaka, Kyesiiga and Buwunga who are struggling to find market for their ripe pineapples with some already rotting in the …

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Workers protest closure of Nyamuliro wolfram mines

Rubanda, Uganda  | THE INDEPENDENT |  Over 500 casual labourers at Nyamuliro Wolfram Mines in Kaara parish, Muko Sub County Rubanda district on Friday staged a demonstration protesting the closure of KI3R Minerals International Limited.  KI3R Minerals International Limited which took over the mines from Krone Uganda Limited in 2016, closed …

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Gulu main market fails to operate day care centre

Gulu, Uganda  | THE INDEPENDENT |  The  envisaged child care centre at Gulu Main Market has failed to operate four years after the facility was commissioned. The centre is meant to host children below school going age who are not allowed to spend longer hours with their parents in the market. …

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Court clears ‘presidential handshake’ beneficiaries

Kampala, Uganda | THE INDEPENDENT | The High Court Civil Division has rejected findings and recommendations of the Parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that people who benefited from the SH 6 billion presidential oil handshake refund the money. The committee, which was led by Bugweri legislator …

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